Student Wyckoff Multi MA Channels

STUDENT WYCKOFF Multi MA Channels puts all major moving averages and their dynamic channels into one compact tool.
It is designed for traders who work with trend, structure and volatility, and want a clean way to compare different MAs on price.

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1. Concept
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Instead of adding several separate indicators to the chart, this script lets you:
• choose the type of moving average,
• optionally plot a second MA for comparison,
• and build a volatility or percent-based channel around each line.

The goal is not to create automatic signals, but to give you a flexible “trend and context layer” that works together with your own price action, Wyckoff logic and volume analysis.

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2. Moving averages inside the script
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The following MA types are available from a single dropdown:

• SMA – Simple Moving Average
• EMA – Exponential Moving Average
• WMA – Weighted Moving Average
• RMA – Relative/Smoothed Moving Average (SMMA)
• VWMA – Volume-Weighted Moving Average
• HMA – Hull Moving Average
• ALMA – Arnaud Legoux Moving Average
• LinReg – Linear Regression line

You can configure:
• source (default: close),
• length of the main MA,
• optional second MA with its own type and length,
• colors for both lines and their channels.

This makes it easy to compare, for example, EMA 50 vs SMA 200, or VWMA vs HMA, without loading multiple separate indicators.

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3. Channels around each MA
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For both the main and the second MA, you can enable a channel and choose how it is calculated:

Channel mode:
• None – no channel, only the moving averages.
• ATR – upper/lower band = MA ± ATR * multiplier.
• Percent – upper/lower band = MA ± N% of the MA value.

Inputs let you control:
• ATR length and multiplier,
• percent width for Percent mode,
• whether to show only the lines, only the fill, or both.

Each MA has its own color and its own semi-transparent fill, so you clearly see two separate “pipes” around the price if you use two MAs at the same time.

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4. Practical use cases
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This script can help you:

• Identify trend direction and strength
– The main MA acts as a core trend filter.
– The second MA can show a slower “background trend” or a faster signal line.

• Visualize dynamic support and resistance
– Price often reacts to MA + channel as a dynamic zone rather than a single line.
– ATR mode automatically widens/narrows the channel when volatility changes.

• Work with stops and targets
– ATR channels can be used as a visual guide for dynamic stop placement or “stretch zones” where price is extended away from the mean.
– Percent channels show how far price deviates from the chosen MA in relative terms.

• Combine with Wyckoff / volume logic
– Use MA + channel only as a context: where is the midline of the move, where is price overextended, where do reactions hit support/resistance zones?
– Decisions to enter or exit should still be based on the story of price, volume and higher-timeframe structure.

The indicator is not a complete trading system. It is a visual framework that helps you read trend, volatility and mean-reversion potential more clearly.

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5. Notes and disclaimer
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• Works on any symbol and timeframe supported by TradingView.
• There are no repaint tricks inside – the script uses standard built-in functions for moving averages and ATR. The last bar can change in real time as new data comes in, which is normal behaviour for any MA.

This script is published for educational and analytical purposes only. It does not provide financial or investment advice and